Improvement of national accounting standards based on IAS 7
Автор: Khalilov Sherzod, Karimov Akram
Журнал: Бюллетень науки и практики @bulletennauki
Рубрика: Экономические науки
Статья в выпуске: 11 т.6, 2020 года.
Бесплатный доступ
As a result of the improvement of the investment climate in the Republic of Uzbekistan, the direct inflow of direct investment to the sectors of the economy and regions is rising. Nowadays, an accounting and reporting system needs to be adapted to the requirements of international accounting standards for joint ventures and foreign companies to conduct their business operations. In accordance with the above requirements, we conducted a study to adapt the national standard to requirements of IFRS standards. As a result of the research, we proposed to change the phrase “Financial Institutions” instead of “Bank Institutions” in NAS 9. Scientifically based proposals were developed to change the national standard to classify for interest and dividends received and interest and dividend paid by type of activity under IFRS.
Interest, dividend, financial institution
Короткий адрес: https://sciup.org/14117677
IDR: 14117677 | DOI: 10.33619/2414-2948/60/36
Список литературы Improvement of national accounting standards based on IAS 7
- Bakker E., Rands E., Balasubramanian T. V., Unsworth C., Chaudhry A., Van der Merwe M.,.. Yeung P. Wiley 2017 Interpretation and Application of IFRS Standards. Wiley, 2017.
- Hoffmann S., Zuelch H. Lobbying on accounting standard setting in the parliamentary environment of Germany // Critical Perspectives on Accounting. 2014. V. 25. №8. P. 709-723. DOI: 10.1016/j.cpa.2014.04.003
- Dauderies H., Annand D. Introduction to financial accounting. Lyryx, 2019.
- Raffournier B. Van Greuning H. International financial reporting standards - A practical guide, The World Bank, Washington (USA) // The International Journal of Accounting. 2006. V. 41. №1. P. 114-116.
- Van Greuning H. International Financial Reporting Standards A Practical Guide. The World Bank, 2006.
- Chakrabarty B., Shaw K. W. Eliminating the 20-F reconciliation from IFRS to US GAAP: Short-term and long-term liquidity effects // Research in Accounting Regulation. 2012. V. 24. №2. P. 90-95.
- DOI: 10.1016/j.racreg.2012.05.008
- Flood J. M. Wiley GAAP 2013: Interpretation and application of generally accepted accounting principles. John Wiley & Sons, 2012.
- Simons W. B. Law of the Republic of Uzbekistan "On Foreign Investments in the Republic of Uzbekistan" // Review of Central and East European Law. 1993. V. 19. №1. P. 69-79.
- DOI: 10.1163/157303593X00040
- Street D. L. GAAP 2001 - Benchmarking national accounting standards against IAS: summary of results // Journal of International Accounting, Auditing and Taxation. 2002. V. 11. №1. P. 77-90.
- DOI: 10.1016/S1061-9518(02)00055-1
- Kirk R. IFRS: a quick reference guide. Elsevier, 2008.
- Khalilov S. A. The Applying of IAS/IFRS in Uzbekistan // Ovidius University Annals, Series Economic Sciences. 2014. V. 14. №2. P. 521-524.
- Van der Meulen S., Gaeremynck A., Willekens M. Attribute differences between US GAAP and IFRS earnings: An exploratory study // The International Journal of Accounting. 2007. V. 42. №2. P. 123-142.
- DOI: 10.1016/j.intacc.2007.04.001
- Robinson T. R. International financial statement analysis. John Wiley & Sons, 2020.
- Sutton T. Corporate financial accounting and reporting. Pearson Education, 2004.
- Epstein B. J., Nach R., Bragg S. M. Wiley GAAP codification enhanced. John Wiley & Sons, 2009.
